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J&J SNACK FOODS CORP（JJSF）与MACERICH CO（MAC）财务数据对比。点击上方公司名可切换其他公司
J&J SNACK FOODS CORP的季度营收约是MACERICH CO的1.3倍（$343.8M vs $261.7M），J&J SNACK FOODS CORP净利率更高（0.3% vs -7.2%，领先7.4%），MACERICH CO同比增速更快（-4.4% vs -5.2%），过去两年MACERICH CO的营收复合增速更高（12.0% vs -2.2%）
强生休闲食品公司（J&J Snack Foods Corp.）是美国知名的品牌休闲食品与冷冻饮品生产商、营销商及分销商，总部位于新泽西州芒特劳雷尔，在全美44个州、墨西哥及加拿大设有超175个生产、仓储及配送设施，于纳斯达克全球精选市场上市，业务覆盖国内外市场。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
JJSF vs MAC — 直观对比
营收规模更大
JJSF
是对方的1.3倍
$261.7M
营收增速更快
MAC
高出0.8%
-5.2%
净利率更高
JJSF
高出7.4%
-7.2%
两年增速更快
MAC
近两年复合增速
-2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $343.8M | $261.7M |
| 净利润 | $883.0K | $-18.8M |
| 毛利率 | 27.9% | — |
| 营业利润率 | 0.2% | — |
| 净利率 | 0.3% | -7.2% |
| 营收同比 | -5.2% | -4.4% |
| 净利润同比 | -82.8% | 91.1% |
| 每股收益（稀释后） | $0.05 | $-0.08 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收JJSFMAC
| Q4 25 | $343.8M | $261.7M | ||
| Q3 25 | $410.2M | $253.3M | ||
| Q2 25 | $454.3M | $249.8M | ||
| Q1 25 | $356.1M | $249.2M | ||
| Q4 24 | $362.6M | $273.7M | ||
| Q3 24 | $426.8M | $220.2M | ||
| Q2 24 | $440.0M | $215.5M | ||
| Q1 24 | $359.7M | $208.8M |
净利润JJSFMAC
| Q4 25 | $883.0K | $-18.8M | ||
| Q3 25 | $11.4M | $-87.4M | ||
| Q2 25 | $44.2M | $-40.9M | ||
| Q1 25 | $4.8M | $-50.1M | ||
| Q4 24 | $5.1M | $-211.2M | ||
| Q3 24 | $29.6M | $-108.2M | ||
| Q2 24 | $36.3M | $252.0M | ||
| Q1 24 | $13.3M | $-126.7M |
毛利率JJSFMAC
| Q4 25 | 27.9% | — | ||
| Q3 25 | 31.7% | — | ||
| Q2 25 | 33.0% | — | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 25.9% | — | ||
| Q3 24 | 31.8% | — | ||
| Q2 24 | 33.6% | — | ||
| Q1 24 | 30.1% | — |
营业利润率JJSFMAC
| Q4 25 | 0.2% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 13.3% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 1.7% | — | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | 11.4% | — | ||
| Q1 24 | 5.0% | — |
净利率JJSFMAC
| Q4 25 | 0.3% | -7.2% | ||
| Q3 25 | 2.8% | -34.5% | ||
| Q2 25 | 9.7% | -16.4% | ||
| Q1 25 | 1.4% | -20.1% | ||
| Q4 24 | 1.4% | -77.2% | ||
| Q3 24 | 6.9% | -49.1% | ||
| Q2 24 | 8.3% | 116.9% | ||
| Q1 24 | 3.7% | -60.7% |
每股收益（稀释后）JJSFMAC
| Q4 25 | $0.05 | $-0.08 | ||
| Q3 25 | $0.59 | $-0.34 | ||
| Q2 25 | $2.26 | $-0.16 | ||
| Q1 25 | $0.25 | $-0.20 | ||
| Q4 24 | $0.26 | $-0.95 | ||
| Q3 24 | $1.52 | $-0.50 | ||
| Q2 24 | $1.87 | $1.16 | ||
| Q1 24 | $0.69 | $-0.59 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $66.8M | $280.2M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | $912.9M | $2.4B |
| 总资产 | $1.3B | $8.4B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资JJSFMAC
| Q4 25 | $66.8M | $280.2M | ||
| Q3 25 | $105.9M | $290.2M | ||
| Q2 25 | $77.4M | $131.1M | ||
| Q1 25 | $48.5M | $253.2M | ||
| Q4 24 | $73.6M | $89.9M | ||
| Q3 24 | $73.4M | $116.5M | ||
| Q2 24 | $64.0M | $70.7M | ||
| Q1 24 | $43.6M | $120.1M |
总债务JJSFMAC
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $5.2B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.1B |
股东权益JJSFMAC
| Q4 25 | $912.9M | $2.4B | ||
| Q3 25 | $966.7M | $2.5B | ||
| Q2 25 | $969.9M | $2.6B | ||
| Q1 25 | $935.0M | $2.7B | ||
| Q4 24 | $946.8M | $2.8B | ||
| Q3 24 | $957.0M | $2.5B | ||
| Q2 24 | $937.9M | $2.5B | ||
| Q1 24 | $915.7M | $2.3B |
总资产JJSFMAC
| Q4 25 | $1.3B | $8.4B | ||
| Q3 25 | $1.4B | $8.4B | ||
| Q2 25 | $1.4B | $8.7B | ||
| Q1 25 | $1.4B | $8.7B | ||
| Q4 24 | $1.3B | $8.6B | ||
| Q3 24 | $1.4B | $7.6B | ||
| Q2 24 | $1.4B | $7.8B | ||
| Q1 24 | $1.3B | $7.4B |
负债/权益比JJSFMAC
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | — | 1.96× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 1.73× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | 1.79× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $36.0M | $50.2M |
| 自由现金流经营现金流 - 资本支出 | $17.0M | — |
| 自由现金流率自由现金流/营收 | 4.9% | — |
| 资本支出强度资本支出/营收 | 5.5% | — |
| 现金转化率经营现金流/净利润 | 40.73× | — |
| 过去12个月自由现金流最近4个季度 | $83.1M | — |
8季度趋势，按日历期对齐
经营现金流JJSFMAC
| Q4 25 | $36.0M | $50.2M | ||
| Q3 25 | $66.4M | $112.4M | ||
| Q2 25 | $51.2M | $70.5M | ||
| Q1 25 | $12.3M | $88.5M | ||
| Q4 24 | $35.2M | $54.9M | ||
| Q3 24 | $46.3M | $100.0M | ||
| Q2 24 | $65.0M | $67.4M | ||
| Q1 24 | $12.7M | $61.1M |
自由现金流JJSFMAC
| Q4 25 | $17.0M | — | ||
| Q3 25 | $44.8M | — | ||
| Q2 25 | $28.5M | — | ||
| Q1 25 | $-7.2M | — | ||
| Q4 24 | $16.1M | — | ||
| Q3 24 | $29.1M | — | ||
| Q2 24 | $45.3M | — | ||
| Q1 24 | $-4.0M | — |
自由现金流率JJSFMAC
| Q4 25 | 4.9% | — | ||
| Q3 25 | 10.9% | — | ||
| Q2 25 | 6.3% | — | ||
| Q1 25 | -2.0% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 10.3% | — | ||
| Q1 24 | -1.1% | — |
资本支出强度JJSFMAC
| Q4 25 | 5.5% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 5.0% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 4.5% | — | ||
| Q1 24 | 4.6% | — |
现金转化率JJSFMAC
| Q4 25 | 40.73× | — | ||
| Q3 25 | 5.84× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 2.55× | — | ||
| Q4 24 | 6.84× | — | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.79× | 0.27× | ||
| Q1 24 | 0.96× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
JJSF
| Food Service | $219.2M | 64% |
| Frozen Beverages | $78.7M | 23% |
| Repair And Maintenance Service | $22.5M | 7% |
| Other | $12.7M | 4% |
| Machine Sales | $10.7M | 3% |
MAC
暂无分部数据
